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Quipt Home Medical Corp T.QIPT

Alternate Symbol(s):  QIPT

Quipt Home Medical Corp. is a home medical equipment provider. The Company specializes in improving the home management of chronic illness through the application of telehealth systems and automated distribution. It provides in-home monitoring and disease management services, including end-to-end respiratory solutions for patients in the United States. It offers nebulizers, oxygen concentrators, continuous positive airway pressure (CPAP) and Bilevel Positive Airway Pressure (BiPAP) units; traditional and non-traditional medical respiratory equipment and services, and non-invasive ventilation equipment, supplies, and services. The Company's product offerings include the management of several chronic disease states focusing on patients with heart or pulmonary disease, sleep disorders, reduced mobility, and other chronic health conditions. Its products and services consist of sleep apnea and pap treatment, home ventilation, daily and ambulatory aides, and respiratory equipment rental.


TSX:QIPT - Post by User

Bullboard Posts
Comment by Canoutchieon Jul 03, 2015 8:22pm
201 Views
Post# 23891094

RE:RE:RE:RE:Big insider sell after big advertising push

RE:RE:RE:RE:Big insider sell after big advertising push... or the insider could"ve sold because he has the heebie jeebies about the situation in Greece... which, according to many commentators, will hit smallcap growth stocks, as people shy away from risk.  Kind of not surprising, since everytime one opens a financial news site, there's at least one analyst talking about an impending market crash.  

Personally, I'll sell once I've had confirmation that the fundamental story for PHM has changed, and nothing has shown me otherwise, at least not at this point.  I've been holding this stock for a long while; and in early 2014, it languished for weeks, falling from low $0.30's to low $0.20's, before going on a tear to $2.00

Now, a similar scenario seems to be playing itself out... that being a roughly 30% drop in the stock price (just like when it fell from $.033 to $0.23), and a whole bunch of speculation on whether this concept stock will work out or not.  So, if the stars align correctly, and a similar story develops with respect to organic growth (as that which happened over the past 18 months), then potentiallly this $1.50 stock goes to $8.00 or $9.00.  Either way, because I was lucky enough to have bought in over a year ago, I've broken even and then some, so I'm fortunate to be able to have the patience to sit and wait to see how this plays out.... but just like in early 2014, there could be several weeks of a trading range, at least until financial results from the company prove otherwise.

GLTA!
Bullboard Posts